IoT Venture
- Company typePrivate
- Founded2016
- HeadquartersDarmstadt, Germany
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
IoT Venture firmographics
Firmographics- Name
- IoT Venture
- Website
- https://iot-venture.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
IoT Venture industry classification
Industry- Product category
- IoT Connectivity Devices
- NAICS
- Wireless Telecommunications Carriers (except Satellite) (517112)
- SIC
- Computer Communications Equipment (3576)
- akta.pro primary industry
- IoT Connectivity Management (Private APN, SIM/eSIM, Device Connectivity) (HDAIAGAG)
- akta.pro secondary industries
- Cellular IoT/M2M Gateways & Routers (LTE/5G) (HDAFAIAF), IoT/M2M Mobile Network Operators (LPWAN, NB-IoT/LTE-M) (HDAIAAAH)
Keywords
Where IoT Venture is headquartered
LocationHeadquarters
- HQ city
- Darmstadt
- HQ country
- Germany
- HQ region
- Europe
Markets served
IoT Venture business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Marketing or Sales
IoT Venture product offering
Product offeringCore offering
IoT Venture develops an IoT plug-in solution based on NB-IoT (Narrowband IoT) technology. The offering is designed to enable digital platforms to build completely new service ecosystems by integrating connected-device capabilities into their existing offerings.
Differentiator
Problem solved
Functional benefit
Products and services
- IoT Plug-in Solution (NB-IoT)
Companies that use IoT Venture
Customer profileIdeal customer profiles1 record
IoT Venture technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
IoT Venture partnerships and signals
Strategic signalRecent moves1 record
Expansion highlights2 records
IoT Venture competitors and assessment
Company assessmentDirect peers
- 1NCE: 1NCE is a Germany-based direct provider of cellular IoT connectivity (NB-IoT, LTE-M, LTE) sold on a flat-rate subscription model to enterprise developers. Highly comparable to IoT Venture's NB-IoT-focused plug-in connectivity proposition for digital platforms and devices.
- Sigfox (now part of UnaBiz): Sigfox/UnaBiz operates a dedicated low-power wide-area network and connectivity platform for massive IoT deployments, competing for the same 'simple, low-cost cellular connectivity for devices' use case that IoT Venture targets with NB-IoT.
- Aeris Communications: Aeris is an IoT/M2M connectivity and platform provider offering managed cellular IoT services to enterprises globally, directly comparable to IoT Venture's bundled NB-IoT connectivity and platform integration play.
- Twilio (IoT / Super SIM): Twilio's IoT unit (Super SIM and Programmable Wireless) sells cellular IoT connectivity APIs for developers and digital platforms, mirroring IoT Venture's developer/platform-facing NB-IoT integration model at a much larger scale.
- KORE Wireless: KORE Wireless is a dedicated IoT/M2M connectivity provider offering cellular, LPWAN, and managed connectivity services to enterprises, overlapping closely with IoT Venture's cellular IoT connectivity and managed services proposition.
Broad incumbents
- Sierra Wireless (now Semtech): Sierra Wireless (acquired by Semtech) provides cellular IoT modules, gateways, and managed connectivity services. While much broader in scope, its cellular IoT module/connectivity offerings overlap directly with IoT Venture's plug-in IoT connectivity play.
- Telit Cinterion: Telit provides IoT modules (cellular including NB-IoT/LTE-M), connectivity platform, and edge software for industrial IoT. Comparable as a broader incumbent in cellular IoT modules and managed connectivity adjacent to IoT Venture's offering.
- Quectel Wireless Solutions: Quectel is one of the world's largest cellular IoT module makers, with a broad NB-IoT/LTE-M module portfolio and a growing IoT connectivity offering - similar go-to-market of plug-in cellular modules to device makers and platforms.
- Deutsche Telekom IoT (T IoT): Deutsche Telekom operates one of Europe's largest IoT connectivity businesses over its NB-IoT and LTE-M networks. As a leading German/European MNO, it represents the broad incumbent against which IoT Venture's specialized connectivity proposition competes.
- u-blox: u-blox designs and sells cellular IoT modules and chipsets (including NB-IoT/LTE-M) plus positioning technology for industrial and automotive applications, making it a comparable hardware-centric player in the cellular IoT module space.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
IoT Venture social profiles
Digital presenceIoT Venture financial estimates
Financial estimateRevenue estimate
Valuation estimate
IoT Venture leadership team
Management profileNumber of profiles
Profiles2 records
IoT Venture funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IoT Venture M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IoT Venture
What does IoT Venture do?
IoT Venture develops an IoT plug-in solution based on NB-IoT (Narrowband IoT) technology. The offering is designed to enable digital platforms to build completely new service ecosystems by integrating connected-device capabilities into their existing offerings.
Is IoT Venture a public or private company?
IoT Venture is a private company. It is classified as venture growth investor backed and is currently operating.
When was IoT Venture founded?
IoT Venture was founded in 2016. It employs 51 to 100 people.
Where is IoT Venture based?
IoT Venture is headquartered in Darmstadt, Germany, in the Europe region.
Who are IoT Venture's main competitors?
Direct peers on record are 1NCE, Sigfox (now part of UnaBiz), Aeris Communications, Twilio (IoT / Super SIM) and KORE Wireless. Broad incumbents are Sierra Wireless (now Semtech), Telit Cinterion, Quectel Wireless Solutions, Deutsche Telekom IoT (T IoT) and u-blox.
Does IoT Venture have an API?
No public API is recorded for IoT Venture.
What industry is IoT Venture in?
IoT Venture's product category is IoT Connectivity Devices. Its primary akta.pro industry code is HDAIAGAG, IoT Connectivity Management (Private APN, SIM/eSIM, Device Connectivity), with a secondary code of HDAFAIAF, Cellular IoT/M2M Gateways & Routers (LTE/5G). Its NAICS code is 517112 and its SIC code is 3576.